Market Vectors Launches ‘Fallen Angels’ ETF
April 11, 2012 at 14:59 PM EDT
Van Eck Global’s Market Vectors exchange traded fund division launched the first “fallen angels” corporate debt ETF Wednesday. According to a press release, the Market Vectors Fallen Angel High Yield Bond ETF (NYSEArca: ANGL) is designed to follow the U.S. dollar denominated...